SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

N. Macedonia's trade gap widens 27% y/y in Jan-Mar

May 7, 2024, 1:27:34 PMArticle by Dragana Petrushevska
share
May 7 (SeeNews) - North Macedonia's trade deficit increased to a total of 49.7 billion denars ($869 million/807.3 million euro) in the first three months of the year, from 39 billion denars in the same period of 2023, the country's statistical office said on Tuesday.

N. Macedonia's trade gap widens 27% y/y in Jan-Mar

Exports decreased 9.3% on the year to 118.9 billion denars in the January-March period, while imports fell 0.9% to 168.6 billion denars, Makstat said in a statement.

North Macedonia's exports mainly consisted of supported catalysts with precious metal or precious metal compounds as the active substance, ignition wiring sets and other wiring sets used in motor vehicles, aircraft or ships, parts of seats and other supporter catalysts.

The country predominantly imported petroleum oils and oils obtained from bituminous minerals, metals of the platinum group and alloys and electricity.

North Macedonia's main trading partners in the first three months of the year were Germany, the UK, Greece, Serbia and Bulgaria.

(1 euro = 61.57 denars)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.